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November 13, 2019

Bolivia
Bolivia’s Power Vacuum: What to Know

Election fraud allegations have prompted President Evo Morales to resign with no clear successor, plunging Bolivia into political uncertainty.

November 1, 2019

International Organizations
The IMF: The World’s Controversial Financial Firefighter

The International Monetary Fund, both criticized and lauded for its efforts to promote financial stability, continues to find itself at the forefront of global economic crisis management.

IMF Governors' meeting

July 25, 2012

Sub-Saharan Africa
Question of the Week: China in Africa Part III

This is the third Question of the Week post about Chinese involvement in Africa. Last week, we focused on the debate of whether Africa or China itself benefits more from Chinese aid. The week before …

china-africa-part-iii-hu-zuma

October 17, 2019

Defense and Security
Funding the Nuclear Triad to Deter Great Power Adversaries

Captain Brian L. Sittlow is a naval officer, specializing in submarines, and a military fellow at the Council on Foreign Relations (CFR). The opinions expressed in this article are solely those of th…

Following a strategic deterrence patrol, the Ohio-class ballistic-missile submarine USS Alaska returns to its homeport at Naval Submarine Base Kings Bay, Georgia, U.S. in this April 2, 2019 handout photo.

October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

fig 19

October 8, 2019

North Korea
North Korea’s Military Capabilities

Kim Jong-un has accelerated North Korea’s buildup of nuclear and other weapons of mass destruction, while also modernizing its large conventional force.

Vehicles carry missiles during a military parade in Pyongyang.

September 30, 2019

News Release
CFR Welcomes Visiting Fellows

September 30, 2019—The Council on Foreign Relations (CFR) welcomes the 2019–20 visiting fellows to the David Rockefeller Studies Program. Selected fellows have the opportunity to broaden their perspe…

September 27, 2019

China
The Chinese Communist Party

The Chinese Communist Party faces a host of pressing domestic and international policy challenges as it transitions to a new generation of leaders.

Xi Jinping stands before delegates at the closing session of the nineteenth National Congress of the Communist Party of China.

September 25, 2019

Politics and Government
Five Questions About the Impeachment Inquiry Answered

Speaker of the House Nancy Pelosi announced late yesterday that the House had opened an impeachment inquiry of President Donald Trump. It’s a news story that will be with us for weeks to come. Here a…

House Speaker Nancy Pelosi calls for a formal impeachment inquiry at the Capitol on Sept. 24.

October 24, 2019

Japan
A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?

Japanese investors have an obvious incentive to search for yield abroad. But why has foreign demand for Japanese bonds almost matched Japanese demand for foreign bonds?

A Puzzle in Japan’s Balance of Payments: What Explains Strong Foreign Demand for JGBs?